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EDMONTON - Edmonton will see the biggest jump in housing prices in Canada this year, according to a major Scotiabank study released Wednesday.! ^' U1 j8 y- J
5 s/ W6 B8 N8 q! _7 z! n# |"Edmonton is the only city to meet all three criteria of strong demand, tight supply and affordability," said Scotiabank economist Adrienne Warren, who studied 23 Canadian cities. e7 w: n; s& p' G2 M# p6 L2 R
* {: V# Y/ l* }. D"This powerful combination will sustain a market-leading pace of construction, sales and
6 ~3 T: U. h+ W c" k9 K' ^) fHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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